Bitnuk User Service Agreement (Simplified Version)
This agreement is jointly established by you (hereinafter referred to as "User" or "You") and Bitnuk Digital Asset Trading Platform (hereinafter referred to as "Bitnuk" or "Platform"). When you visit, register, log in or use the Bitnuk website, mobile application or related services, it indicates that you have read, understood and agreed to accept all the terms of this agreement as well as the privacy policy and relevant rules published by the platform. If you do not agree to this agreement, please immediately stop using the services of this platform.
The prices of digital assets fluctuate significantly and carry high investment risks. By using the services of this platform, you hereby confirm:
(1) You have understood the risks of digital asset trading;
(2) You voluntarily assume all trading risks;
(3) Bitnuk will not be held responsible for any losses resulting from market fluctuations or transactions.
I. Protocol Amendment
Bitnuk reserves the right to modify this agreement at any time based on business development needs. The modified content will be announced on the platform and take effect immediately. Users' continued use of the platform services shall be deemed as acceptance of the modified terms. If you do not agree with the modified content, you should immediately stop using the platform services.
II. User Eligibility
Registering for a Bitnuk account means that you declare and guarantee:
You are at least 18 years old or have reached the legal age stipulated by local laws.
You possess full civil capacity to enter into this agreement.
You are not prohibited from using the services of this platform.
The information you provided is true, accurate and complete.
If you register the account on behalf of an enterprise or institution, it indicates that you have the legal authorization to sign this agreement on behalf of that institution.
III. Prohibited Areas
By using this service, you indicate that you are not on any international sanctions list. Bitnuk reserves the right to restrict or cease providing services to certain countries or regions based on laws, regulations, or operational needs.
IV. Service Description
Bitnuk offers users services for digital asset trading platforms, including functions such as trading, storage and extraction of digital assets. The platform acts solely as a service provider and is not the buyer or seller of the transactions, nor does it provide investment advice.
Before conducting any transactions, users should independently assess the risks and make their own investment decisions. The platform does not guarantee the accuracy or completeness of the information, and is not responsible for users' investment decisions.
V. Account Registration and Security
1. Account Registration
Users are required to register an account on the platform and provide genuine information, such as email and password. Each user can only register one account.
2. Identity Verification
To comply with anti-money laundering and regulatory requirements, users are required to provide necessary identity information for verification, including name, contact information, and identification documents, etc. The platform may conduct identity verification through third-party institutions.
3. Account Security
Users should properly safeguard their accounts and passwords, and be responsible for all operations within the accounts. If any abnormal situation is detected with the account or unauthorized use is found, they should immediately notify the platform. Any losses resulting from the user's own actions shall be borne by the user themselves.
VI. Service Usage Guidelines
When using the Bitnuk service, users must abide by relevant laws and regulations as well as the platform rules. They are not allowed to engage in the following actions:
Manipulation of the market or malicious trading (such as quantity manipulation, front-running, etc.);
Using automated programs, robots or illegal means to access the platform;
Destroying the platform system or interfering with the normal use of other users;
Engaging in money laundering, fraud or other illegal activities.
If the platform detects any violations, it has the right to suspend or terminate the account and take corresponding measures.
VII. Orders and Fees
After the user submits the trading instructions through the platform, the order will enter the system matching process. Once the order is executed, the user cannot cancel the completed transaction. The platform has the right to charge a certain percentage of transaction fees according to business needs, and may adjust the rates irregularly.
VIII. Risk Warning
Digital asset trading involves high risks, including but not limited to:
Extremely volatile market prices
Technical system or network risks
Policy regulatory changes
Users should fully understand the risks and participate in the transactions within their own risk tolerance limits.
IX. Account Suspension and Termination
Bitnuk has the right to suspend or terminate a user account under the following circumstances:
The user violates this agreement or relevant laws and regulations.
There are abnormal transactions or security risks in the account.
Required by regulatory authorities or judicial bodies;
The user provided false information.
After the account is terminated, the user must withdraw the account balance within the specified time.
X. Limitation of Liability
Within the limits permitted by law, Bitnuk shall not be held responsible for any losses arising from the following circumstances:
Market price fluctuations
Network or system failure
Third-party service issue
User error in operation
The platform services are provided as they are, and no guarantee is given that the services are completely error-free or uninterrupted.
XI. Legal Application and Dispute Resolution
This agreement is governed by the laws of Singapore. Any disputes arising from this agreement shall be resolved through friendly negotiation between the parties first; if no settlement is reached through negotiation, the dispute may be submitted to the Singapore arbitration institution for arbitration. The arbitration award shall be final and binding on both parties.
XII. Other Matters
This agreement constitutes the complete agreement between the two parties regarding the platform services.
If any part of this agreement is determined to be invalid, it will not affect the validity of the other provisions.
Bitnuk has the right to interpret this agreement within the limits permitted by law.
Risk Warning:
Digital asset trading involves high risks and users may lose all their invested funds. Please participate with caution after fully understanding the risks.
Bitnuk Digital Asset Trading Platform